Mortgage Rates Begin to Decline: Good News for Homebuyers in 2023
Realty Biz
APRIL 21, 2023
Good news on the home-buying front: after months of mortgage rates trending upward , fueled by rising inflation and the US Federal Reserve’s hiking base rates to combat that inflation, signs have begun to emerge that the average home lending rate in the United States has begun to decline instead. Let’s take a closer look at just what’s at play in the world of mortgage rates and what they might have in store for us going forward deeper into 2023.
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